Warburg Pincus and KKR are in talks to acquire the German packaging company Gerresheimer AG.

A consortium consisting of Warburg Pincus and KKR & Co. is in talks to acquire the German company Gerresheimer AG, which produces pharmaceutical and cosmetic packaging, according to a report by Bloomberg. These private equity firms have emerged as frontrunners, outpacing other potential bids such as Bain Capital. Gerresheimer's shares have risen by approximately 12% this year, bringing the company's market value to around €2.74 billion ($3 billion).

It is not expected that the Warburg Pincus and KKR consortium will offer a significant premium over Gerresheimer's current price. According to sources familiar with the situation, there are still considerable obstacles to finalizing the deal. Although negotiations are at an advanced stage, the completion of the final agreement could take weeks, and the deal may not materialize. Officials from Gerresheimer, Warburg Pincus, KKR, and Bain declined to comment on the matter.